NEW AGE METALS INC (NAM.CA) Stock Technical Analysis
TSX-V:NAM • CA64157G2009
We assign a technical rating of 8 out of 10 to NAM. In the last year, NAM was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that NAM is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, NAM also shows a nice and consistent pattern of rising prices.
- NAM is one of the better performing stocks in the Metals & Mining industry, it outperforms 73% of 816 stocks in the same industry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- NAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NAM is lagging the market.
- In the last month NAM has a been trading in the 0.35 - 0.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NAM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.24
We found 5 important support areas.
- Support @0.39 from a horizontal line in the weekly time frame.
- Support @0.37 from a trend line in the daily time frame.
- Support @0.34 from a trend line in the weekly time frame.
- Support @0.29 from a trend line in the weekly time frame.
- Support @0.24 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NAM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NAM.CA is neutral. |
| ChartMill Relative Strength | 90.83 | POSITIVE | NAM.CA has a high relative strength, it outperformed 90.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NAM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NAM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NAM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.06 | NEUTRAL | The RSI value for NAM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NAM.CA has a positive trend. |
| Stochastics (14,3) | 69.44 | NEUTRAL | The Stochastics value for NAM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.5 | HIGH VOLATILITY | The high ATR as a percentage value for NAM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.79 | NEGATIVE | The low ADX value for NAM.CA suggests a weak or negative trend. |
TSX-V:NAM (3/2/2026, 7:00:00 PM)
0.45
+0.02 (+4.65%)
NEW AGE METALS INC / NAM.CA FAQ
What is the ChartMill technical rating of NEW AGE METALS INC (NAM.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to NAM.CA.
What is the current trend direction of NEW AGE METALS INC (NAM.CA) stock?
The current trend direction for NEW AGE METALS INC (NAM.CA) is Bullish.
What is the RSI signal for NEW AGE METALS INC (NAM.CA) stock?
NEW AGE METALS INC (NAM.CA) has an RSI value of 53.0632. This indicates that the stock is currently neutral.
What is the short term momentum for NEW AGE METALS INC (NAM.CA) stock?
The short term momentum for NEW AGE METALS INC (NAM.CA) is neutral.
What are the support and resistance levels for NEW AGE METALS INC (NAM.CA) stock?
NEW AGE METALS INC (NAM.CA) has a support level at 0.39 and a resistance level at 0.46. Check the full technical report for our detailed analysis of NAM.CA support and resistance levels.